Front Section

Nahigian invited to speak at industry events during fall 2021

Newton, MA During fall of 2021 Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., was invited and spoke at a number of regional and national commercial real estate events throughout the U.S. as an industry subject matter expert and commercial industry thought-leader.

SVN | Parsons finalizes 23.48 acre land lease to 3STEP Sports

Northborough, MA SVN | Parsons Commercial Group | Boston announced the completion of a 23.48 acre long-term land lease at the New England Baseball Complex (NEBC) located at 333 Southwest Cutoff, for 3STEP Sports, one of the nation’s largest youth sports

O’Neil joins AEW as chief operating officer of private equity group

Boston, MA AEW Capital Management, L.P. (AEW) has appointed Lauren O’Neil as chief operating officer of AEW’s private equity group, a newly created position. With over a decade of experience in leadership roles

DApice of The Mega Group completes $18.8 million in two apartment portfolio sales

Danvers, MA The Mega Group has completed the sale of two separate apartment portfolio transactions. The first was an 89-unit deal in Lynn known as the Diamond District Portfolio. The second was a 10-unit deal in Salem known as the Castle Hill Portfolio at Historic Salem.

Marcus Millichap brokers $1.593 million multifamily sale

Swampscott, MA Marcus & Millichap has completed the sale of 12-24 Pine St., a multifamily redevelopment property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $1.593 million.

The Mount Vernon Company and Beacon Communities acquire 140 Clarendon for $51.25 million - and broke ground on the redevelopment of the YW Boston HQ

Boston, MA The Mount Vernon Company and Beacon Communities have acquired 140 Clarendon St. for $51.25 million. They have also broken ground on the redevelopment of the YW Boston headquarters located at 140 Clarendon St. in the city’s Back Bay.

The Stubblebine Co. sells 3.4 acre parcel to RAM Construction, LLC for $25 million - to be a redevelopment for wholesale, distribution, and retail

Boston, MA David Skinner, senior advisor and David Stubblebine, president and principal of The Stubblebine Co., sold 58 Hampden St. to RAM Construction, LLC for $25 million. The 3.4 acre parcel is located within 1 mile of I-93 and I-90

Greater Boston Commercial Properties Inc. and Aho Properties team up on $2.15 million sale

Northborough, MA Bret O’Brien, Ben Gatti and Tyler DeWolfe of Greater Boston Commercial Properties Inc. represented the seller, Adam Allison, LLC, in the sale of 107 Otis St.

Newmark completes 116,145 s/f leasing in Campanelli’s portfolio

Boston, MA Newmark has completed 116,145 s/f of leasing activity across Campanelli’s Massachusetts office portfolio. Newmark senior managing director Tyler McGrail, vice chairman Mike Frisoli and associate Margaret Fee represented the owner, Campanelli,

Cushman & Wakefield team arranges sale of Wingate Residences at Boylston Place

Chestnut Hill, MA Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of Wingate Residences at Boylston Place, a 48-unit assisted living property, and Wingate at Chestnut Hill, a 135-bed skilled nursing facility